Changing times don't always require changing strategies. The fact is this market demands a far more direct approach. The passive strategies that most agents have relied on (social media etc) are becoming even less effective than they were. Most agents can adapt to the new market if they were given clear direction. Listen to today show and you will...
Key Highlights
Prior to the pandemic crisis, surveys repeatedly showed 80% of employees want to work at home at least part of the time, according to globalworkplace and Iometrics
During pandemic, 77% of office employees worked remotely at least one day a week, according to PwC
After pandemic, it projected that 55% would work remotely at least one day/week,...
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Most affordable housing markets in US uniformly located in South and Midwest
Refiguide compared median annual income as percentage of home prices in area
Not only are mortgage interest rates at record lows, our at-home time is at record highs. This equation has caused a boom in home buying despite the COVID pandemic and nation-wide 8.4% unemployment rates.
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Key Highlights
Prices falling and inventory rising in Manhattan
New listings in Brooklyn up and sales prices began slipping in August
Vacancies had been rising and prices falling for renters in both Manhattan and Brooklyn since the COVID pandemic wreaked havoc on the city and essentially closed down the housing market. Now that owners can show their apartments to potential...
Key Highlights
NAHB Q2 report on building conditions adds more data indicating city to suburban movement
Small metro area suburbs showing +10.6% uptick
The National Association of Home Builders (NAHB) recently released its Q2 2020 report on building conditions around the country. The most notable data in this report puts meat on the bones to the conventional wisdom that homebuyers...
On todays show Tim and Julie Harris share with you the bottom line as to why most agents never learn how to proactively lead generate. The simple fact is that the cards are stacked against most business owners (especially real estate agents). The moment an agent gets their license they start receiving an never ending barrage of completing messages...like...buy...
Key Highlights
Some 3.8M borrowers, or 7.1% of active mortgages, still delaying monthly payments
Number of mortgages in active forbearance dropped by 147,000, or -4%, according to Black Knight
75% of 3.8M borrowers extended their terms from initial three-month program
According to Black Knight, there are approximately 3.8M borrowers who are continuing to delay their monthly mortgage payments via the...
Key Highlights
Zoom towns – towns that are booming since remote work took off
Vacation destinations like Truckee seeing housing markets up +23% from last year
National prices up +8% over last year
Ever heard of Truckee, CA? It’s a mountain town just northwest of Lake Tahoe. In and of itself, Truckee has great skiing, mountain biking and hiking along...
Key Highlights
Nation’s overall delinquency rate was 7.1% in June
Both overall and serious delinquency rates in all states increased in June
According to the latest Core Logic Loan Performance Insights Report, 7.1% of all home mortgages were in some state of delinquency in June 2020. This is a +3.1% point increase from June 2019. The increase in the serious...
Are you passive, waiting for things to happen...or are you proactive where you make things happen? Chances are you are passive. What is your mindset about lead generation? If you are buying leads, dripping on leads etc etc you are a passive lead generator. Would you be surprised to learn that one of the biggest reasons agents fail (its...
